The EQT Responsible InvestmentAustralia Share Fund is an Australian Equities Fund which invests in a portfolioof approximately 20 to 40 stocks selected through EQT Asset Management's (EQTAM) Quality at ReasonablePrice (“QARP”) investments process.

The QARP process looks to identifycompanies with attractive quality, attractive industry structure, strong balancesheets, robust return on equity, substantial cash flows and good management. Understandably,companies with these characteristics are strongly sought after and rarely cheap.We look to access these companies at reasonable prices using metrics such as priceto earnings, dividend yield and discounted cash flow valuations. 

Thedecisions relating to investments within the Fund will be undertaken toexplicitly value and optimize after tax returns through decisions around frankingcredits, and as such, investors in this Fund are expected to be predominantlytax exempt investors or investors on low marginal tax rates.

EQTAM has an experienced investmentteam which undertakes fundamental company research to identify these opportunitiesaided by proven proprietary screening tools. Responsible investing principlesare integrated into the process, targeting companies with sound Environmental,Social and Governance (“ESG”) practices and where possible a demonstrated positiveimpact on economic, environmental, and social outcomes through the advancement ofone or more of the United Nations Sustainable Development Goals (SDGs). A negativescreen is applied to the Fund, excluding investments in companies that generate more than 10% of revenues from business activities involved in the :

• provision of gaming products/services;
• manufacture of alcoholic beverages;
• manufacture of tobacco products;
• manufacture of military armaments; and
• provision of adult entertainment.